NOUGX Performance — U.S. Government Fund
Data updated: 2026-08-28
NOUGX returned +0.06% year to date and +2.30% over one year to Jun 2026. Annualised returns are +3.44% over 3 years and +0.42% over 5 years. The fund trailed its Intermediate Government Bond category average: $100 invested three years ago grew to $111, against $112 for the category, and to $102 over one year, against $103. Volatility over the past three years was 4.20% a year. In the 12 months to Jun 2026 the fund lost a net $5.5M, and assets reached $24.90M.
NOUGX Growth of $100
What $100 invested in U.S. Government Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Government Bond category average over the same months.
| Period | NOUGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $102 | $103 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $112 |
| 5 years (Jul 2021 – Jun 2026) | $102 | $103 |
| Since data start (Jul 2019 – Jun 2026) | $107 | $114 |
NOUGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.06% |
| 1 year | +2.30% |
| 3 years (annualised) | +3.44% |
| 5 years (annualised) | +0.42% |
NOUGX Annual Returns
Calendar-year total returns of U.S. Government Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.06% |
| 2025 | +6.06% |
| 2024 | +1.18% |
| 2023 | +4.02% |
| 2022 | −7.73% |
| 2021 | −2.38% |
| 2020 | +5.28% |
| 2019 (Jul–Dec) | +1.08% |
NOUGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.2% | +1.9% | −1.8% | −0.1% | +0.1% | +0.2% | — | — | — | — | — | — |
| 2025 | +0.4% | +2.2% | +0.2% | +0.6% | −1.1% | +1.3% | −0.4% | +1.0% | +0.9% | +0.5% | +0.6% | −0.4% |
| 2024 | +0.2% | −1.0% | +0.6% | −2.4% | +1.5% | +1.1% | +2.1% | +1.3% | +1.1% | −2.4% | +0.7% | −1.5% |
| 2023 | +1.6% | −1.7% | +2.3% | +0.5% | −0.8% | −0.9% | +0.1% | 0.0% | −0.9% | −0.4% | +2.3% | +1.9% |
| 2022 | −1.2% | −0.4% | −2.5% | −1.6% | +0.6% | −0.8% | +1.4% | −2.0% | −2.2% | −0.4% | +1.6% | −0.3% |
| 2021 | −0.3% | −1.1% | −0.6% | +0.4% | +0.1% | −0.1% | +0.9% | −0.2% | −0.7% | −0.7% | +0.2% | −0.4% |
| 2020 | +1.2% | +1.7% | +1.8% | +0.4% | +0.2% | +0.1% | +0.3% | −0.3% | 0.0% | −0.4% | +0.1% | −0.1% |
| 2019 | — | — | — | — | — | — | −0.3% | +2.2% | −0.6% | +0.2% | −0.3% | −0.1% |
NOUGX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.20%
- 3-year Sharpe ratio: -0.25 (vs 4.5% risk-free rate)
- Best month: +2.32% (Nov 2023)
- Worst month: −2.40% (Oct 2024)
NOUGX Fund Flows
Monthly money in and out of U.S. Government Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.5M
- 12-month gross sales (incl. reinvestments): $2.5M
- Sales ÷ redemptions: 0.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $45K | $99K | −$54K |
| May 2026 | $115K | $309K | −$193K |
| Apr 2026 | $55K | $728K | −$673K |
| Mar 2026 | $60K | $2.2M | −$2.1M |
| Feb 2026 | $104K | $1.5M | −$1.4M |
| Jan 2026 | $512K | $115K | $397K |
| Dec 2025 | $712K | $676K | $36K |
| Nov 2025 | $203K | $43K | $160K |
| Oct 2025 | $312K | $289K | $23K |
| Sep 2025 | $221K | $1.8M | −$1.5M |
| Aug 2025 | $104K | $172K | −$68K |
| Jul 2025 | $64K | $72K | −$8K |
NOUGX Assets Under Management
Net assets of U.S. Government Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $24.90M |
| 2026-03-31 | $25.99M |
| 2025-12-31 | $29.40M |
| 2025-09-30 | $29.20M |
| 2025-06-30 | $30.63M |
| 2025-03-31 | $27.35M |
| 2024-12-31 | $21.93M |
| 2024-09-30 | $24.55M |
| 2024-06-28 | $22.38M |
| 2024-03-28 | $24.68M |
| 2023-12-29 | $24.99M |
| 2023-09-29 | $44.25M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.